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Beware, Bitcoin (BTC) Shots Are Building Up Heavily Amid Hot Gas Fee

By Bhushan Akolkar at 2026-05-05 22:41

Sentiment: Positive

Bitcoin (BTC) has recently come under some selling pressure as the gas fee has shot up to a two-year high forcing popular players like crypto exchange Binance to suspend withdrawals. As per the on-chain data, the Bitcoin shorts on the crypto exchange BitMEX have surged to their two-month highs. However, as per on-chain data provider The post Beware, Bitcoin (BTC) Shots Are Building Up Heavily Amid Hot Gas Fee appeared first on CoinGape. Continue reading...

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Tags: #24/7 Cryptocurrency News #Bitcoin(BTC) News #Bitcoin Price Analysis #Bitcoin shorts

Source CoinGape